Gold price has respected top of its short time downtrend chanel
MA 20 and MA 50 has been touched by gold price in Daily timeframe. This happened just below the top of its downtrend channel.
In the other hand , we have up trend signal for USD index.
I think we will have a nice pinbar in top of channel and we can have downtrend for Gold at 1st to MA100.
In the other hand , we have up trend signal for USD index.
I think we will have a nice pinbar in top of channel and we can have downtrend for Gold at 1st to MA100.
